Amid Bush Tax Cut Debate, Obama Tax Cut Quietly Nears Expiration

As Congress fights over whether to extend the Bush tax cuts to the wealthy, President Obama’s stimulus tax cut for middle class workers is in danger of expiring if lawmakers don’t act by the end of the year.

While the debate over President George W. Bush’s tax cuts has raged in recent weeks, there’s hardly been any talk of extending Obama’s tax cuts, which benefit 95 percent of working Americans…….. Read More